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Search Results for:

Full-Pool Carry (Waterfall)

Definitions

Distribution of Carried Interest in which Profits are distributed in the aggregate for the portfolio, generally at the end of the fund life.  Also known as Back-end Carry, Eur ...

Functional Obsolescence

Definitions

The reduction in a property’s value due to changes in tastes, preferences, technical innovations, or market standards.

Fund Expenses

Definitions

Broadly refers to the liabilities incurred in connection with (i) establishing a fund and (ii) operating a fund.

Future Proposed Space

Definitions

Space in a proposed commercial development that is not yet under construction or where no construction start date has been set; also may refer to the future phases of a multi-phase ...

General Consultant or Consulting Firm

Definitions

One or more experts that provide professional advice and recommendations across all  asset classes to an individual or an organization for a fee.

Geo-Fence

Definitions

A virtual perimeter for a real-world geographic area.

Geographic Core

Definitions

A geographic area containing the customers of a particular firm or group of firms for specific goods or services; encompasses 50 to 80 percent of a store's customers; the area ...

Geographic Information System(s) (GIS)

Definitions

System(s) (usually computer-based) used for capturing, handling, storing, retrieving, managing, manipulating, and displaying geographic information or geo-coded data.

Geometric Mean

Definitions

The average of a set of products, the calculation of which is commonly used to determine the performance results of an investment or portfolio; defined as the “nth root produ ...

Giveback Provision

Definitions

With reference to a general partner or manager:  a mechanism whereby a manager is obligated to return a portion of its previously received promote or performance fee payment i ...

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